IBM C2020-003 Exam Questions : IBM Algo One Fundamentals

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IBM C2020-003 Exam Syllabus Topics:

IBM Algo One Fundamentals Sample Questions:

1. What is the standard environment variable that points to the directory that containsthe Algo Core software?

A) *ALGO_HOME*
B) *ALGO_TOP*
C) *top491*
D) *as491*

2. In some cases,UDS loadable input data name and ID values contain quotationmarks and/or commas such as the name shown below:
ABC "OPINO"
Given the information above,which example record is formatted for a correct dataload?

A) BAS,Fixed Rate BondSPEC,Fixed Rate BondSPEC,Fixed RateBond,"ABC \"OPINO\""
B) BAS,Fixed Rate BondSPEC,Fixed Rate BondSPEC,Fixed Rate Bond,ABC"OPINO"
C) BAS,Fixed Rate BondSPEC,Fixed Rate BondSPEC,Fixed Rate Bond,ABC""OPINO""
D) BAS,Fixed Rate BondSPEC,Fixed Rate BondSPEC,Fixed RateBond,ABC \"OPINO\"

3. Which two would cause a runtime error? (Choose two.)

A) A runtime error would occur if an input data file was missing.
B) A runtime error would occur if there was no output report attached to the model.
C) A runtime error would occur if there was a "divide by zero" in the code.
D) A runtime error would occur if an assumption set was missing from the model.

4. What is the role of modules in AEM?

A) Modules provide a diagrammatic view of a company structure that can be visualized within Algo Financial modeler.
B) Modules are sets of variables and events for carrying out calculations in Algo Financial Modeler.
C) Modules are components used to specify all data variables that are being passed in from an external source.
D) Modules containing all the components needed to complete a set of calculations in Algo Financial Modeler are combined.

5. Which two actuarial calculations are available in the Standard Code? (Choose two.)

A) Asset Liability modeling
B) Embedded value
C) Solvency II standard formula
D) Reserving

Solutions: